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Personal Lines Insurance Questions And Answers With Verified Solutions Latest Updated 2024 $11.99   Add to cart

Exam (elaborations)

Personal Lines Insurance Questions And Answers With Verified Solutions Latest Updated 2024

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  • Course
  • Personal lines
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  • Personal Lines

Personal Lines Insurance Questions And Answers With Verified Solutions Latest Updated 2024

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  • October 2, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • the insured
  • companyinsurer
  • Personal lines
  • Personal lines
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classhub
Personal Lines Insurance Questions And
Answers With Verified Solutions Latest
Updated 2024
THE INSURED - ANSWERS✔✔In a named contract , the burden of proof is upon
which of the following


COMPANY/INSURER - ANSWERS✔✔In a risk/open peril contract, the burden
of proof is upon is which of the following?


CONDITIONS - ANSWERS✔✔The time limit for bringing suit against an
insurance company is found in the policy


FAIR MARKET VALUE - ANSWERS✔✔Most property insurance policies can
be written to insure property on all of the following EXEPT


An insured's demand for payment in full from the insurer in exchange for a
partially damage item - ANSWERS✔✔Which of the statements best describes the
term ABANDONMENT as used in property insurance


Insurance carried x loss+ amount insurer will pay insurance require -
ANSWERS✔✔The correct coinsurance formula, not taking into considerartions
the deductible is


depreciation - ANSWERS✔✔the definition for actual value is replacement cost
less depreciation , is the decrease in value of the property over a period of time


Personal article floater - ANSWERS✔✔has the broadest coverage

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